Morning in Arizona

The Headline Animator

Monday, October 16, 2006

Sideways

The bond market continued in its narrow trading range, today floating northward, as the DJIA and the S&P 500 drift higher, also. The treasury auctions concluded as expected while members of the Federal Reserve Board spoke without saying anything.

Domestically, another search warrant was issued and another home was search, this time for a congressman’s daughter, and another former government official pleaded guilty in criminal court for being naughty. I can’t keep count anymore of the growing units of corruption in Washington.

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